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Mesa Place and Franklin Place Apartments
FHA New Construction & Substantial Rehab
Endorsed August 9, 2022
FHA #11335973
Deal Details
- Location
- EL PASO, Texas
- Mortgage Amount
- $14.7M
- Units
- 224
- Lender
- MASON JOSEPH COMPANY INC
- Fiscal Year
- FY2022
- LIHTC
- Yes
- Tax-Exempt
- Yes
Current Loan Status
Active- Outstanding Balance
- $14.4M($14.7M original)
- Interest Rate
- 4.60%
- Maturity
- January 2064(38 years remaining)
- Original Term
- 40 years
- Holder
- Lument
- Servicer
- Lument
Source: HUD BF90 Active Insured Mortgages · Data as of February 2026
Data Sources
Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database
Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026
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